London, United States Kingdom (TADAWUL:), January 15, 2025, PakGazette
Lido Impact Stake (LIS) officially launches on January 15, 2025 and introduces a new sustainable financing approach for social impact, leveraging Lido’s staking rewards and middleware to create lasting change.
With LIS, users can stake ETH, stETH, or wstETH and allocate a percentage of the staking rewards to social impact projects of their choice. This innovative model allows individuals, organizations, and DAOs to transparently and perpetually support causes, without ever committing their original capital.
Another feature of Lido Impact Sating is its permissionless framework. Any social impact project can register on the platform. By decentralizing and democratizing philanthropy, LIS paves the way for a new era of accessible and sustainable social impact financing.
For more information, users can visit LIS.
Rethinking philanthropy: a sustainable impact model
Traditional philanthropy often operates as a single-use investment, where donors contribute finite resources, then validated through monitoring and evaluation. Lido Impact Stake (LIS) reinvents this approach by allowing users to place stakes (ETH/stETH/wstETH) and allocate a percentage of staking rewards to impactful, data-driven causes. This innovative model transforms betting returns into a sustainable funding source for social good, allowing donors to support meaningful change without giving up their capital. In this new model of philanthropy, blockchain technology allows transparency and trust.
At launch, LIS supports two high-impact initiatives:
- Give directly: focuses on providing direct cash transfers, enabling people in poverty to make independent financial decisions and address their needs.
- Tree: Promote reforestation and carbon removal through sustainable tree cultivation, creating environmental and social benefits.
These initial projects show the potential for LIS to provide lasting funding streams for critical causes, reshaping philanthropy through participation in Ethereum.
Key Features of Lido Impact Staking
Ethereum Stake Positive Potential
“We need new financial tools to solve problems that have a new scale. The impact of betting changes what it means to be a donor, not requiring you to donate your capital, but the opportunity cost of part of the return on your bets,” he said Jaydeep Korde. , founder of Lido Impact Staking “Impact Staking is a new open source financial tool that creates real-world impact for real people.”
About
Impact Staking was initially conceived and developed by the Launchnodes team after Ethereum became a proof-of-stake blockchain. Launchnodes was formed in April 2020 and helps customers around the world stake Ethereum solo and run their own nodes and ETH infrastructure, without having to share their keys or give up custody of their ETH.
The Lido Ecosystem Grant Organization (LEGO) awarded a grant to Launchnodes in 2023 to enable the creation of an Impact Staking platform that leverages Lido’s proven, scalable middleware. This resulted in the Lido Impact Stake.
The LIS team is now engaged with NGOs, governments, charities, family offices, foundations and other impact causes and donors, all of whom are excited about the potential of Impact Staking as a new and innovative model for philanthropy and to drive maximum positive impact.
To learn more about Lido Impact Staking and how to start staking on social impact, visit impactstake.com or connect with us on social media:
- Twitter: @impacts
- LinkedIn: Impact stake
Website: impactstake.com
ContactAndrei D.Lido Impact Stake[email protected]
